Lending is a key driver of economic growth, yet in Nigeria and many parts of Africa, it faces significant structural challenges. Yana Finance, led by Gideon Adeyemi, offers innovative solutions through the use of artificial intelligence.
Challenges of Lending in Africa
Lending in Africa is hindered by high default rates, fragmented repayment systems, and fraud. Borrowers face slow application processes and rigid repayment schedules.
Solutions by Yana Finance
Yana Finance integrates AI and machine learning throughout the lending lifecycle, from origination to collections. Their newly launched AI-powered Collections Engine adapts to borrower behavior.
Changing Perception of Credit
Gideon Adeyemi emphasizes the importance of changing societal views on credit, which has long been seen as shameful. Yana Finance aims to create a supportive and empowering lending experience.
Under Gideon Adeyemi's leadership, Yana Finance is shaping the future of lending in Africa, grounded in empathy and intelligence, which will help overcome negative stereotypes and enhance efficiency.
